{"id":189,"date":"2023-09-21T11:32:17","date_gmt":"2023-09-21T11:32:17","guid":{"rendered":"http:\/\/kuberfin.in\/?page_id=189"},"modified":"2024-01-19T08:37:24","modified_gmt":"2024-01-19T08:37:24","slug":"msme-loans","status":"publish","type":"page","link":"https:\/\/kuberfin.in\/index.php\/msme-loans\/","title":{"rendered":"MSME Loans"},"content":{"rendered":"\t\t
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MSME Loans<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Secured & Unsecured loans<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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CGTMSE Loans<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 5 Lacs to 500 Lacs<\/b><\/span>\n
\nTenure- 12 Months (Annually renewed) <\/b><\/span>\n
\nCollateral \u2013 No (Without Collateral) <\/b><\/span>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), had framed a Scheme for the purpose of providing guarantees in respect of credit facilities extended by Lending Institutions to the borrowers in Micro and Small Enterprises (MSEs).<\/span><\/p>

This scheme offers a wide range of possibilities to the Micro & Small entities having registered Udhyam Certificate & Sales turn over less than 50 Crores (as per current MSME norms). Earlier the definition of MSME\u2019s in terms of investment into plant & machinery have been revised from MSMED act of 2006.

Under this scheme the loan to the entrepreneurs are offered without any collateral in the form of Cash Credit limits, Bank Guarantee & letter of credit. Funding is done taking the guarantees from SIDBI & RBI in the ratio of 75:25 respectively. There is an annual guarantee fees also charged by SIDBI which varies basis the loan amount. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Working Capital Term Loan (WCTL)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 50 Lacs to 200 Crore<\/b><\/span>
\nTenure- 12 Months \u2013 24 Months <\/b><\/span>
\nCollateral \u2013 Yes (Property or FD) <\/b><\/span>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Basis the working capital cycle the firms requirement is calculated & often supported in the form of WCTL. This really helps in case of expansion of business wherein, immediate funds are being utilized for the renovation\/expansion\/maintenance of the factory at one hand & also, for inducing capital for consolidating the balance sheet performance. This helps an organization for further raising funds with improved the leverage in the balance sheet.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Machinery Term Loan<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 50 Lacs to 100 Crore<\/b><\/span>\n
\nTenure- 12 Months \u2013 84 Months <\/b><\/span>\n
\nCollateral \u2013 No (Hypothecation on the machinery only)<\/b><\/span>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Wide range of options with best rate of interest in the market are available with us. We also provide customized machinery funding with complete payment to vendor including the GST. <\/span><\/p>

Both Standard & non standard machineries are being funded to our Customers.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Cash Credit (CC)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 50 Lacs to 100 Crore<\/b><\/span>\n
\nTenure- 12 Months <\/b><\/span>\n
\nCollateral- Yes <\/b><\/span>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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It is a short-term loan with a repayment period of up to 12 months. The interest rate is charged only on the amount withdrawn and not on the total sanctioned limit. You can withdraw money as many times as required from within the sanctioned limit.<\/span><\/p>

The company’s capital is stuck in the form of inventory. In order for Company A to meet its expenses while waiting for its finished goods inventory to convert into cash, the company takes a cash credit loan to run its business without a shortfall.<\/span><\/p>

Customers are offered with a credit line by opening a new account in the bank. They are also offered with net banking facilities & cheque books for doing business transactions. <\/span><\/p>

The limit is assigned while calculating the drawing power of the firm, vis-\u00e0-vis, carefully considering stock, debtor & creditor numbers. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Over-draft Facilities (OD)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 10 Lacs to 50 Crore<\/b><\/span>
\nTenure- 12 Months <\/b><\/span>
\nCollateral \u2013Yes <\/b><\/span>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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An overdraft facility in a Current Account allows you to withdraw from even though the balance is zero. It is a form of extension of a stipulated limit offered by banks; the said amount of funds is
known as overdrawn. Interest is charged on the amount overdrawn for the month. The accumulated interest for the complete month has to be paid in the first week of the next month (the schedule date varies in different banks).<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Bank Guarantee\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 10 Lacs to 50 Crore<\/span><\/strong>\n
\nTenure- 12 Months<\/span><\/strong>\n
\nCollateral \u2013 Yes<\/span><\/strong>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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A bank guarantee is a financial backstop offered by a financial institution promising to cover a financial obligation if one party in a transaction fails to hold up their end of a contract.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Letter of credit<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAmount- 10 Lacs to 50 Crore<\/span><\/strong>\n
\nTenure- 30-180 days<\/span><\/strong>\n
\nCollateral \u2013Yes<\/span><\/strong>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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A letter of credit, or a credit letter, is a letter from a bank guaranteeing that a buyer\u2019s payment to a seller will be received on time and for the correct amount.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Sick\/Running Industry Purchase<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Basis the financials of the new promoters and company sick industry purchase can be done. Any sick industry could be helped with the revival & reinstations.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

MSME Loans Secured & Unsecured loans CGTMSE Loans Amount- 5 Lacs to 500 Lacs Tenure- 12 Months (Annually renewed) Collateral \u2013 No (Without Collateral) Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), had framed a Scheme for the purpose of providing guarantees in respect of credit facilities extended by Lending Institutions to the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-189","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/pages\/189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/comments?post=189"}],"version-history":[{"count":72,"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/pages\/189\/revisions"}],"predecessor-version":[{"id":646,"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/pages\/189\/revisions\/646"}],"wp:attachment":[{"href":"https:\/\/kuberfin.in\/index.php\/wp-json\/wp\/v2\/media?parent=189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}